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Article: 3P Networks Inc. Bids to Acquire Broadcasting Networks.
- Article from:
- Business Wire
- Article date:
- November 26, 2007
CopyrightCOPYRIGHT 2007 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Niche South East Asian Strategy Targets Value Arbitrage
NEW YORK -- 3P Networks Inc. (Pink Sheets:TPNW) ("the Company") has made a bid to acquire a leading telecommunications provider in Cambodia and is positioning itself to tender for two additional cable and broadcasting networks in neighboring Laos and Vietnam. The Company's strategy is to rapidly build shareholder value via credible cash flows from an established and expanding subscriber base and to invest in areas where valuations are considerably below standard industry benchmarks employed in the developed capital markets.
After a number of false starts, the telecommunications industry in ...